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Blog by Don Kennedy

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VANCOUVER EAST APRIL TOWNHOME MARKET

Attached please find the latest statistics from Greater Vancouver Realtors.

 

The News Release expresses some optimism for the spring, even though continued sufficient inventory has meant sales and prices remain basically flat. Improvement in the detached market is giving hope that multi-family units will follow that lead at some point in the first part of this year. Last month saw a 2.5 percent decrease in residential sales compared to the previous April. Year to year newly listed properties are down 2.4 percent. Total inventory this April is 0.2 percent higher than last April. The composite value of all properties is 6.9 percent lower April to April.

 

From March to April the graph shows a 1.9 percent dip in prices for attached units in Metro Vancouver. Last month compared to April 2025, the benchmark townhouse price is down 5.1 percent. Year to year townhouse sales volume decreases two percent.

 

Last month compared to April 2025 Vancouver east townhouse prices are down eight percent. Year to year attached unit sales go up 23.8 percent. From April to April inventory is 49.7 percent higher.

 

From March to April east side attached sales jump 13 percent. Month to month attached inventory is up 29.7 percent.

 

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Don Kennedy

Sutton Group West Coast Realty

604-307-6883

1-877-DONS EAR (toll free)

 Website: DonKennedyRealtor.com

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